Silver Spring’s Truebill Raises Additional $45 Million in New Funding Round

Silver Spring-based Truebill, a personal finance app, has raised $45 million in a Series D round of funding for a total of $85 million the company has raised since its founding in 2011. The funding, led by Accel with participation from existing backers Bessemer Venture Partners, Cota Capital and Eldridge Industries, will allow the company “to expand its platform of financial management tools to give users more visibility and control of their money.”

Hug Lounge Now Open on Bonifant Street

Hug Lounge is now open at 949 Bonifant St., the former location of Pennyworth Thrift Shop, according to the company’s website. The menu largely consists of Ethiopian cuisine, with breakfast offered along with smoothies and several fish dishes.